Current ratio
AccountingCurrent assets divided by current liabilities.
In plain terms
Below 1 means more is due within a year than is available within a year.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Current assets divided by current liabilities.
Below 1 means more is due within a year than is available within a year.